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Required: a . Calculate the par value per share of preferred stock and determine the preferred stock dividend percentage. b . Calculate the amount that

Required:
a. Calculate the par value per share of preferred stock and determine the preferred stock dividend percentage.
b. Calculate the amount that should be shown on the balance sheet for common stock at June 30,2022.
c. What was the average issue price of common stock shown on the June 30,2022, balance sheet?
d. How many shares of treasury stock does DeZurik Corporation own at June 30,2022?
e. Assume that the treasury shares were purchased for $17 per share. Calculate the amount that should be shown on the balance
sheet for treasury stock at June 30,2022.
f. Calculate the retained earnings balance at June 30,2022, after you have completed parts a to e.(Hint: Keep in mind that Treasury
Stock is a contra account.)
g. Assume that the Retained Earnings balance on July 1,2021, was $9,735,092(in thousands) and that net income for the year ended
June 30,2022, was $908(in thousands). The 2022 preferred dividends were paid in full, and no other dividend transactions were
recorded during the year. Verify that the amount shown in the solution to part f is correct. (Hint: Prepare a statement of retained
earnings or do a T-account analysis to determine the June 30,2022, balance.)
Complete this question by entering your answers in the tabs below.
Req A
Req B to D
Req E and F
Req G
b. Calculate the amount that should be shown on the balance sheet for common stock at June 30,2022.
Note: Enter your answer in thousands of dollars.
c. What was the average issue price of common stock shown on the June 30,2022, balance sheet?
Note: Round your answer to 2 decimal places. (e.g.,32.16)
d. How many shares of treasury stock does DeZurik Corporated own at June 30,2022?
b. Balance sheet amount for common stock
c. Average issue price of common stock
d. Treasury shares Required:
a. Calculate the par value per share of preferred stock and determine the preferred stock dividend percentage.
b. Calculate the amount that should be shown on the balance sheet for common stock at June 30,2022.
c. What was the average issue price of common stock shown on the June 30,2022, balance sheet?
d. How many shares of treasury stock does DeZurik Corporation own at June 30,2022?
e. Assume that the treasury shares were purchased for $17 per share. Calculate the amount that should be shown on the balance
sheet for treasury stock at June 30,2022.
f. Calculate the retained earnings balance at June 30,2022, after you have completed parts a to e.(Hint: Keep in mind that Treasury
Stock is a contra account.)
g. Assume that the Retained Earnings balance on July 1,2021, was $9,735,092(in thousands) and that net income for the year ended
June 30,2022, was $908(in thousands). The 2022 preferred dividends were paid in full, and no other dividend transactions were
recorded during the year. Verify that the amount shown in the solution to part f is correct. (Hint: Prepare a statement of retained
ea DeZurik Corporation had the following stockholders' equity section in its June 30,2022, balance sheet (in thousands, except share
and per share amounts):
Required:
a. Calculate the par value per share of preferred stock and determine the preferred stock dividend percentage.
b. Calculate the amount that should be shown on the balance sheet for common stock at June 30,2022.
c. What was the average issue price of common stock shown on the June 30,2022, balance sheet?
d. How many shares of treasury stock does DeZurik Corporation own at June 30,2022?
e. Assume that the treasury shares were purchased for $17 per share. Calculate the amount that should be shown on the bance
sheet for treasury stock at June 30,2022.
f. Calculate the retained earnings balance at June 30,2022, after you have completed parts a to e.(Hint: Keep in mind that Treasury
Stock is a contra account.)
g. Assume that the Retained Earnings balance on July 1,2021, was $9,735,092(in thousands) and that net income for the year ended
June 30,2022, was $908(in thousands). The 2022 preferred dividends were paid in full, and no other dividend transactions were
recorded during the year. Verify that the amount shown in the solution to part f is correct. (Hint: Prepare a statement of retained
earnings or do a T-account analysis to determine the June 30,2022, balance.)
Complete this question by entering your answers in the tabs below.
Calculate the par value per share of preferred stock and determine the preferred stock dividend percentage.
Note: Round your answers to 2 decimal places. (e.g.,32.16)
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